Package declared by the government to bailout Prasar Bharati from this financial crisis

Package declared by the government to bailout Prasar Bharati from this financial crisis
 bailout+Prasar+Bharat
GOVERNMENT OF INDIA 
MINISTRY OF INFORMATION AND BROADCASTING

 LOK SABHA 


UNSTARRED QUESTION NO. 4595
 TO BE ANSWERED ON 20.03.2020 

BAILOUT PACKAGE OF PRASAR BHARATI 

SHRIMATI RITI PATHAK
SHRI JUGAL KISHORE SHARMA

Will the Minister of INFORMATION AND BROADCASTING be pleased to state: 

(a) whether Prasar Bharati is currently facing a financial crisis; 

(b) if so, the details thereof; 

(c) the details of the package declared by the government to bailout Prasar Bharati from this financial crisis; 

(d) the manner in which the bailout package is proposed to be implemented; and 

(e) the time by which Prasar Bharati is likely to function with full autonomy and mobilize adequate funds for its functioning? 
ANSWER 

THE MINISTER OF ENVIRONMENT, FOREST AND CLIMATE CHANGE; MINISTER OF INFORMATION AND BROADCASTING; AND MINISTER OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES 
(SHRI PRAKASH JAVADEKAR) 

(a) to (d): No, Sir. The Ministry has been providing financial support in the form of Grants-in-Aid to Prasar Bharati to meet the requirement of salary for Government employees on deemed deputation and for implementation of Central Sector Scheme, namely, Broadcasting Infrastructure and Network Development (BIND).

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No bailout package is contemplated for Prasar Bharati by Government of India. 

(e) The Prasar Bharati (Broadcasting Corporation of India) Act, 1990 confers autonomy on Akashvani and Doordarshan so that they may function in a fair, objective and creative manner. 

Prasar Bharati is managing its operational expenses from Internal and Extra Budgetary Resources (IEBR) generated by it from sale of airtime on Radio and TV, sharing of TV/Radio towers and carriage fees from Private Broadcasters for carrying their Channel over DD’s DTH Platform. Increase in competition in the radio and television sector in the recent years and the development of new media platforms have impacted revenue earnings of Prasar Bharati. However, Prasar Bharati is hopeful of mobilizing adequate funds to become self-sufficient in future. 

Source : Lok Sabha

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